SAP Solutions in Intelligent Agriculture and Document Reporting Compliance Earn Multiple Stevies in The International Business Awards®
A market leader in enterprise application software, Stevie-winner SAP is one of the world’s leading producers of software for the management of business processes, developing solutions that facilitate effective data processing and information flow across organizations. They redefine enterprise resource planning (ERP) and created networks of intelligent enterprises that provide transparency, resiliency, and sustainability across supply chains.
Founded in 1972, the company was initially called System Analysis Program Development (Systemanalyse Programmentwicklung), later abbreviated to SAP. Since then, it has grown from a small, five-person endeavor to a multinational enterprise headquartered in Walldorf, Germany, with more than 105,000 employees worldwide.
SAP won two Stevie Awards in The 2022 International Business Awards®: a Silver Stevie for Governance, Risk & Compliance Solution, and a Bronze Stevie for Business or Competitive Intelligence Solution for their "SAP Intelligent Agriculture," both within the Product & Service Categories - Business.
SAP Document and Reporting Compliance
Tax authorities have been continuously increasing the number and complexity of legal mandates, and they are now taking digitalization to the next level, introducing disruptive changes that make the adoption of new technologies essential to remain compliant.
Since the introduction of electronic documents, the world has been evolving toward continuous transaction controls, forcing SAP’s customers to embed tax technologies within the business processes and ensure electronic documents, financial records, and records in the tax authorities’ systems match.
SAP Document and Reporting Compliance provides an overall streamlined process for dealing with local regulations for electronic documents, and statutory reporting greatly reduces the need for manual efforts, leading to higher productivity, more sustainable compliance and to a drastically reduced Total Cost of Ownership for the customer.
SAP® Intelligent Agriculture
Agribusiness companies today are faced with an increasing amount of data captured on the field and farm, but they lack solutions to efficiently use the data to optimize farming processes or provide better farming services. This results in difficulty establishing digital decision-support processes that leverage both farming data and existing farming experience.
The SAP® Intelligent Agriculture helps agribusinesses to increase their profitability per farmed area and support their efforts toward achieving sustainable farming practices. SAP customers can optimize their plan-to-harvest processes while taking advantage of data science and machine learning capabilities.
SAP Intelligent Agriculture helps agribusinesses to increase their profitability per farmed area and support their efforts toward achieving sustainable farming practices.
Since Winning Their Stevie Awards
More recently, SAP released additional legal content increasing ready compliance to 380+ scenarios and reports, responding to newly introduced mandates like SAF-T reporting in Romania.
The offering has been enriched with further automation capabilities to smooth ongoing maintenance, flexible handling of withholding tax certificates via email, and electronic ordering through Peppol Network.
SAP won a Silver Stevie Award for Governance, Risk & Compliance Solution and a Bronze Stevie Award for Business or Competitive Intelligence Solution in the Product & Service Categories - Business in The 2022 International Business Awards.
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